Chico Quadruplex Investment
For Sale
$550,000
1029 Salem Street, Chico, CA 95928
Charming four-unit property near Downtown Chico, Chico State, and Bidwell Park.
Property SizeContact for details
Days on Market470
Property Features for 1029 Salem Street
General Information
Standard status
Active
Property subtype
Multi Family
Building Details
Year Built
1930
Listing Agency:
Parkway Real Estate Co.
(530) 592-3432
Listed By:
John Barroso · License #01434090
(530) 570-8489
Source:
Exitrealty
Added: Jun 20, 2025
Changed: Sep 14
Last Checked: Sep 15 at 5:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Parkway Real Estate Co.
Investment Insights
Based on property information with market context.
This quadruplex offers four 1-bedroom, 1-bathroom units, each with its own distinct charm. Two units are located on the lower level, and two are upstairs, accessible via a wide staircase that leads to a welcoming porch area. The units feature high ceilings, wood-paneled doors, wainscoting, freestanding tubs, and cased wood windows. The kitchens and living areas are spacious. Two of the units have been updated with efficient mini-split systems. The property includes off-street parking and a detached structure at the back that provides storage space and a laundry setup for Unit #3. Situated near Downtown Chico, Chico State, Enloe Hospital, and Bidwell Park, this property presents an investment opportunity.
Key Highlights
- Prime location near Downtown Chico, Chico State, Enloe Hospital, and Bidwell Park.
- Four 1‑bedroom, 1‑bathroom units offering a unique investment opportunity.
- Character‑filled units boast high ceilings, wood‑paneled doors, wainscoting, freestanding tubs, and cased wood windows.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,724
Businesses Nearby
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Business Placement
Demographics for 95928, CA
38,378
Population
17,455
Households
2.2
Avg Household Size
35
Median Age
41%
College-Educated
90%
High-School Grad
145.4 sq mi
ZIP Area
264
Density / Sq Mi
$65,350
Median Household Income
$32,615
Median Earnings
$1,419
Median Rent
$476,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Charming four-unit property near Downtown Chico, Chico State, and Bidwell Park.
Where is this quadplex located?
The property is located at 1029 Salem Street Chico, CA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Prime location near Downtown Chico, Chico State, Enloe Hospital, and Bidwell Park.; Four 1‑bedroom, 1‑bathroom units offering a unique investment opportunity.; Character‑filled units boast high ceilings, wood‑paneled doors, wainscoting, freestanding tubs, and cased wood windows.
